2026-10-24 16:13:35
ETH drops sharply by 1.28% in 1 hour as technical selling pressure persists and thin order-book liquidity compounds the move
From 15:00 to 16:00 UTC on October 24, 2026, ETH fell 1.28% over the hour, trading between 2305.8 and 2343.31 USDT, with an amplitude of 1.60%. At the time of the report, ETH was trading at $2296.03, and its 24-hour decline had widened to 4.41%. It was near the intraday low of 2282.60, and market volatility had increased significantly. The main driver was persistent technical selling pressure. RSI readings on both the 15-minute and 1-hour charts were in oversold territory, while ADX readings of